Consultingfact.com, a great resource for anyone in or preparing for a career in management consulting, had a recent article that outlined the top 10 management consulting firms of 2014. The list, originally compiled by vault.com, compiled these rankings based on a survey that was given to consultants around the world. I thought it might be worthwhile to share some of the information about some of the top ranked firms, specifically the “Big Three”. Though I list them below in no particular order, these firms are regularly regarded as some of the top in the world.
McKinsey & Company – Established in 1926, McKinsey operates in 60 countries, and is regarded for its business information, recruitment, and senior management problem solving. Widely known for being one of the most selective firms in terms of recruitment and hiring, only about 1% of yearly applicants are accepted.
Bain & Company – Bain is based out of Boston, and operating out of 32 countries is also regarded as one of the world’s top firms. They provide consulting services to some of the largest companies and nonprofit groups in the world, and claim to abide by and seek the following values – integrity, intelligence, ambition, and passion. These key tenets are good for anyone in or seeking to enter the industry to keep in mind.
The Boston Consulting Group – Founded in 1963, BCG works out of 43 countries, and advises private, public, and nonprofit organizations. Though also very demanding in its recruiting process, BCG is regularly ranked very highly in Fortune Magazine’s 100 Best Companies to work for.